FINTECH ARTICLES OF THE WEEK 3/6/2017 With the recent shift in FinTech news and hype moving toward artificial intelligence and machine learning, blockchain almost started to seem like last year's model. At the same time, predictions that 2017 would see real pilots are starting to come to fruition. I took notice again the week before last when I saw that Northern Trust had … [Read more...] about Blockchain, Baby!
BLOCKCHAIN WATCH 2/27/17
This is The World's First Cryptocurrency Issued by a Hedge Fund Numerai, a San Francisco-based investment firm which uses encrypted crowdsource data for stock market predictions, issuing its own cryptocurrency called the Numeraire, which is the first to be issued by a hedge fund and not a nonprofit or group of developers. “Finance is totally competitive right now. There’s no … [Read more...] about BLOCKCHAIN WATCH 2/27/17
Banks and FinTechs
FINTECH ARTICLES OF THE WEEK 2/27/2017 Banks and FinTechs should "put down their swords," as Mary Wisniewski put it in a widely shared American Banker opinion piece, "There are no heroes or villains in the data-access debate." Many banks and FinTechs are doing just that. Yet culture stands in the way as much as anything else—on both sides, as this week's links … [Read more...] about Banks and FinTechs
BLOCKCHAIN WATCH 2/20/17
Blockchain Gang NPR’s Planet Money team looks at the connection between packets of mackerel used as a prison currency and blockchain’s takeover by banks and stock traders. It's the story of how Charlie Shem, who went to jail in a bitcoin-related case (aiding and abetting an unlicensed money transmission business), helped prision trade payments go digital. … [Read more...] about BLOCKCHAIN WATCH 2/20/17
Fake Partnerships
FINTECH ARTICLES OF THE WEEK 2/20/2017 The article that most caught my attention this week came from Ron Shevlin, director of research at bank advisory Cornerstone Advisors. "FinTech—as a set of startups or a class of technology—is hardly failing," the bank snarketer (look it up) writes in debunking a startup founder's reasons that FinTech is failing. Instead, … [Read more...] about Fake Partnerships
Bots!
FINTECH ARTICLES OF THE WEEK 2/13/2017 Chatbots in banking, the banks that do APIs well, and the rise of open banking. This week's FinTech links provide a look at the shifts in technology that can move banks away from consumers and provide consumers a way to gain greater control over their banking experience. And then there's the genuine coin of the realm, in the form of … [Read more...] about Bots!